IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
March 16, 2021
The Latest IRS Rules for Retirement RMDs in 2021
The Internal Revenue Service is reminding taxpayers about the rules for required minimum distributions (RMDs) from retirement accounts.
March 16, 2021
A New Kind of Cannabis Business: The Legalities of Delta 8 THC
As the Farm Bill states, hemp and any derivative there of is legal. Delta-8 is a derivative of the hemp plant and is therefore legal.
March 16, 2021
Rubino & Company Promotes Two Directors to Shareholders
Rubino & Company, a nationally-recognized CPA firm specializing in financial services and regulatory consulting, announced today that it is promoting two of its Directors to Shareholders.
March 16, 2021
Vertex Extends Portfolio with Systax Solution to Simplify Tax Compliance for Brazilian Businesses
The addition of this product enables Vertex to continue to expand its content and footprint in Latin America, while extending Systax solutions more broadly in North America and Europe.
March 16, 2021
Has Covid Changed Accounting Firm Offshore Hiring?
Although we tell you that the pandemic has created a significant shift toward offshore staffing, they are still biased and unsure about offshore staffing when we talk to accounting firms! Many firms have expanded their horizon now and have started looking at offshore staffing from a different standpoint. However, still, many of the firms have...…
March 16, 2021
AICPA Again Urges IRS to Delay Tax Filing Season
“Even the IRS – faced with a significant mail processing backlog, a delayed start of the 2021 tax season, inundated phone lines, and a new round of COVID-19 relief payments – is overwhelmed. Denying a postponement of this filing and payment deadline ...
March 16, 2021
Safety First: How to Handle Supplier Banking Data
Knowing the increased risk with ACH payments is critical when you receive requests to change bank account information. According to our internal data, these requests are common, with suppliers changing bank accounts roughly every four years.
March 16, 2021
AICPA Offers Appreciation to PPP Extention Act Co-Sponsors
The many thousands of CPAs advising small businesses and non-profits have a front-line view of how a PPP loan has allowed their clients to remain in business. CPAs also experience clients’ challenges with the application and forgiveness process.
March 16, 2021
Virginia Gives Sales Tax Exemption to Facemasks, PPE to Help Fight Covid
Virginia has adopted a temporary sales tax exemption for personal protective equipment. Lawmakers hope it will encourage Virginia businesses to adhere to the measures necessary to control, prevent, and mitigate spread of the coronavirus.
March 16, 2021
How AI is Enhancing Fraud Detection
The modern digital finance network is one of the most dynamic, fast-moving technological entities on the face of the planet.
![Mary-Wylie[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2021/03/Mary_Wylie_1_.604f8a98be16f.png)
March 15, 2021
Opening Doors for Others: Celebrating the First Black Female CPA
In 1943, Mary T. Washington Wylie became the nation’s first Black woman to earn the CPA license. Her life illustrates the difference that one enterprising professional can make for many future generations.
March 15, 2021
Client Experience for Today – Portals or Something More?
Effective Document Exchange, gathering, management, and distribution with clients is a significant friction point for many firms. Possibly because of the COVID-19 pandemic, client collaboration, workflow, and document management systems (DMS) came to ...